Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
In April, Tesla's sales in Europe dropped sharply by 49% year-on-year, despite a 27.8% increase in overall battery-electric vehicle sales across the region, according to data from the European Automobile Manufacturers Association.This marks Tesla's fourth consecutive month of decline, with its market share nearly halved to 0.7% from 1.3% a year ago. The company’s recent Model Y upgrades appear to have done little to restore its image in the region.
Meanwhile, total car sales in the EU, Britain, and EFTA stood at 1.07 million units, down slightly by 0.3% from last year. Electrified vehicles made up 59.2% of all registrations in the EU — up from 47.7% the previous year — with strong growth especially in Spain and Italy. However, Tesla faces growing pressure from Chinese automakers like SAIC Motor and broader discontent around Elon Musk’s political stances. Despite easing U.S.-China trade tensions, uncertainty and tariffs continue to weigh on the global automotive outlook.
Prosecutors on Tuesday began outlining in graphic detail their murder case against the indie pop vocalist known as D4vd, accused of fatally stabbing ...
The United States has bombed Iran for an 11th consecutive night as the war’s cost reaches $37.5 billion, while President Donald Trump threatens a he...
Rescue teams in Afghanistan were searching for survivors and recovering bodies on Tuesday after devastating flash floods swept through the eastern pro...
Prosecutors on Tuesday began outlining in graphic detail their murder case against the indie pop vocalist known as D4vd, accused of fatally stabbing and dismembering his 14-year-old girlfriend after she threatened to make their relationship public.
The United States has bombed Iran for an 11th consecutive night as the war’s cost reaches $37.5 billion, while President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site and Tehran warns that any attack could trigger a wider regional escalation.
Rescue teams in Afghanistan were searching for survivors and recovering bodies on Tuesday after devastating flash floods swept through the eastern province of Nuristan, killing at least 23 people and leaving more than 100 others missing.
Iran has strongly condemned the recent U.S. attack on the construction site of the Karoon Nuclear Power Plant in Darkhovin, Khuzestan Province. Tehran officials are urging the UN to adopt a “zero-tolerance” policy regarding attacks on civilian nuclear centers under the world body’s verification.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
President Donald Trump said the United States will target Iran’s heavily fortified Pickaxe Mountain site “pretty soon” as he meets with Lebanese president Michel Aoun. Meanwhile, U.S. forces carried out a 10th consecutive night of strikes on Iran while Tehran continues to target Gulf countries.
Azerbaijan has rejected suggestions it played any official role in reported private talks between former German politicians and Russian representatives in Baku, saying the meetings were organised independently.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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